This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Veteran Pol Expected To Prevail In Montenegro Vote

PREDRAG MILIC

PODGORICA, Montenegro (AP) â¿¿ A politician who has ruled Montenegro as president, prime minister and behind-the-scenes power broker could end up leading his country again, if the polls about this weekend's election are correct.

If Milo Djukanovic and his coalition prevail, he could serve as this tiny Balkan nation's prime minister again and continue its push for EU membership, despite an economic downturn.

This week's latest poll said Djukanovic's European Montenegro coalition is expected to win nearly half of the 81 seats in parliament in Sunday's vote, making it one of the few governments in Europe to survive a vote during the region's economic crisis.

The main opposition Democratic Front stands to gain some 20 percent of the vote, according to the survey by the Podgorica-based Center for Democracy and Human Rights. The margin of error was 3 percent.

Djukanovic and his coalition have ruled Montenegro since the late 1980s, first in alliance with Serbia's strongman Slobodan Milosevic, then as his toughest opposition.

Montenegro is a small, mountainous country of 625,000 people in southeastern Europe with one coast on the Adriatic Sea.

Djukanovic, 50, served as its prime minister â¿¿ the top jobâ¿¿ and as president while steering Montenegro to independence from Serbia in 2006 and toward opening European Union accession talks this year.

Although he formally resigned and handed over the premiership to a crony in 2010, Djukanovic â¿¿ the youngest prime minister in Europe at the age of 29 in 1991 â¿¿ has continued to rule the country from behind the scenes and to remain at the helm of his Democratic Party of Socialists. He is widely expected to become prime minister again, if his coalition wins Sunday.

During campaigning, Djukanovic has played a nationalist card, urging Montenegro's more than half a million voters to let him cement the country's statehood and take it into the EU and NATO.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,070.40 +46.34 0.26%
S&P 500 2,114.49 +6.20 0.29%
NASDAQ 5,016.9290 +11.5380 0.23%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs